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BBCNEWS Asia July 5, 2024

trade and political tensions with china. the move sparked a warning from beijing, which considers taiwan part of chinese territory. samira hussain has more. trade between the united states and taiwan amounts to about $75 billion a year. that number is dwarfed by china s trade with taiwan, which stands at a massive $120 billion a year. by signing this trade deal, the us is looking to build its presence in asia and rival china. taiwan for its part is looking to reduce its economic dependence on china, especially in light of the geopolitical tensions between it and beijing. unsurprisingly, china did not react well, saying the united states should stop any form of official exchanges with taiwan under the guise of trade. beijing has stepped up threats and rhetoric against taiwan in recent years, increasing military drills in the seas around the island, and working to cut off its official ties with countries around the world. discussions between washington and taipei began in ....

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BBCNEWS HARDtalk July 6, 2024

because there s light at the end of the tunnel, and by that, i mean not in a negative way, it s sort of. ..getting control of my life again. and then very, very sad emotions because it s the end of an era and it s. i also feel sad and emotional for all my team here, some of which, in fact, most of which i deem as family. and some of them, we ve grown up together, basically. so very, very mixed emotions. and the last the last week, i know i am going to be a wreck. why? why are you shutting down? because you could fill every table here for the foreseeable future. everybody wants to come and eat here if they can afford it. so why shut it? yeah, i mean, the business is successful and it s. ..it is going well. reservations are very good especially since i announced that we re closing, it s gone crazy. but there are many reasons. i mean, first of all, i m getting on a bit. i m 63 and i m thinking, what next? do i want to sign up to another lease? the lease is coming to ....

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BBCNEWS Sportsday July 6, 2024

you in your business, but all restaurants right now, and that is a very tough economic climate. mmm. and actually it s been a climate building for years. and perhaps you were knocked back and many others were, more than anything, by the covid pandemic. and ijust wonder, as you reflect now on what that meant to your business and many other restaurant businesses in this country and around the world, just how tough was it? it was incredibly tough. and i will never forget those days where i had to come in here to check the premises, obviously, for insurance reasons, and to make sure everything was all right and to come in to. because you shut down. for the first time in your family history with le gavroche, it shut its doors. you had to, of course. we had to. lockdown was lockdown. but to come in here. ..lights out, the smell of a stale restaurant, the dust everywhere made me weep. did it? and made me cry. i sat down over there on one of the banquettes and just put my head ....

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BBCNEWS Asia July 6, 2024

with just one week left until treasury officials say they will run out of cash to pay its bills, the mood music from washington was upbeat. but a deal can be done to avoid default. i want to be clear. the negotiations we are having with speaker mccarthy are about the outlines of what the budget will look like, not about defaults. it is about competing visions for america. nothing will be resolved until we resolve them all. we know where our differences lie. we worked well past midnight last night, we are back at it today, trying to get to the conclusion so we can solve this problem. failure to reach an agreement could have global implications. fitch, one of the major credit rating agencies warned of a potential downgrade to the us credit rating if the deal isn t done. the us treasury department seized on this, saying it underscored the need for swift bipartisan action. the biggest sticking point remains spending. if they don t cut enough, they won t win over republicans ....

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BBCNEWS HARDtalk July 6, 2024

michel roux, welcome to hardtalk. it is a great pleasure to be sitting in this restaurant, one of the most famous in london, been in your family for the best part of six decades. the countdown to closure has begun. how do you feel about that? incredibly mixed emotions. it s. it s obviously happiness because there s light at the end of the tunnel, and by that, i mean not in a negative way, it s sort of. ..getting control of my life again. and then very, very sad emotions because it s the end of an era and it s. i also feel sad and emotional for all my team here, some of which, in fact, most of which i deem as family. and some of them, we ve grown up together, basically. so very, very mixed emotions. and the last the last week, i know i am going to be a wreck. why? why are you shutting down? because you could fill every table here for the foreseeable future. everybody wants to come and eat here if they can afford it. so why shut it? yeah, i mean, the business is success ....

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